1. Home
  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Maharashtra
  5. Mumbai
  6. Greater Bombay
  7. MICR: 400020078

MICR Code: 400020078

Bank: Indian Overseas Bank
IFSC Code: Ioba0003319
MICR Code: 400020078
Address: Gr Floor Trust House,35, Avenue Rd, Dr E Borges Road, Parel, Mumbai 400012 Maharastra
City: Greater Bombay
District: Mumbai
State: Maharashtra

What is MICR Code?

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Details of MICR Code

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 400020078.

  • In this case first three codes 400 is city code and it represents city Greater Bombay.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 078 represents branch. In our case branch is located at address Gr Floor Trust House,35, Avenue Rd, Dr E Borges Road, Parel, Mumbai 400012 Maharastra.

How to find micr code (for example 400020078) from bank account number?

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.